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LTC Properties price target lowered to $36 from $40 at Stifel
The Fly

LTC Properties price target lowered to $36 from $40 at Stifel

Stifel analyst Stephen Manaker lowered the firm’s price target on LTC Properties to $36 from $40 and keeps a Hold rating on the shares. The company is successfully addressing tenant issued caused by the difficult operating environment, but Stifel believes there could be more over the next 6 to 12 months, which will likely cause near-term earnings volatility, the analyst tells investors.

Published first on TheFly

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